Mortgage Points Calculator

Loan Details

Loan Amount ($)

Loan Term (Years)

Interest Rate — No Points (%)

The rate you'd pay without buying any points

Interest Rate — With Points (%)

The lower rate you get when you buy points

Points Cost (% of loan)

Each point = 1% of loan amount, typically costs $4,000 on a $400K loan

How Long Will You Stay? (Years)

Your break-even period for evaluating points

Comparison Results

Monthly — No Points —

Monthly — With Points —

Monthly Savings —

Points Upfront Cost —

Break-Even Month —

Total Interest — No Points —

Total Interest — With Points —

Net Interest Difference —

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